Question 10 a. O units Show Transcribed Text b. 200 units Price c. 1800 units d. 2000 units $20 $30 $40 $50 $60 $70 $80 Quantity Demanded 2400 2000 1600 1200 800 400 c Quantity Supplied 0 200 400 600 Refer to the table above. Suppose the government imposes a price floor of $30 on this market. What will be the size of the surplus in this market? 800 1000 1200

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question 10
a. O units
b. 200 units
c. 1800 units
d. 2000 units
O 0 units
200 units
Price
1800 units
O2000 units
$20
$30
$40
$50
$60
$70
$80
Quantity Demanded
2400
2000
1600
1200
800
400
0
Quantity Supplied
Refer to the table above. Suppose the government imposes a price floor of $30 on this market.
What will be the size of the surplus in this market?
0
200
400
600
800
1000
1200
Transcribed Image Text:Show Transcribed Text Question 10 a. O units b. 200 units c. 1800 units d. 2000 units O 0 units 200 units Price 1800 units O2000 units $20 $30 $40 $50 $60 $70 $80 Quantity Demanded 2400 2000 1600 1200 800 400 0 Quantity Supplied Refer to the table above. Suppose the government imposes a price floor of $30 on this market. What will be the size of the surplus in this market? 0 200 400 600 800 1000 1200
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